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Tpy6a [65]
3 years ago
6

At age ​20, to save for​ retirement, Rebecca decides to deposit 80​$ at the end of each month in an IRA that pays 6.2% compounde

d monthly. Use the formula for the value of an annuity.
A=P[(1+r/n)^nt-1]/(r/n)

How much money will be in the IRA when Rebecca​ retires?

How much interest will the IRA have​ gained?
Mathematics
1 answer:
artcher [175]3 years ago
7 0

Answer:

159319.26 I Don't know the interest

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Can someone please answer and explain please ILL MARK BRAINLIEST
Dafna11 [192]

Step-by-step explanation:

So, assuming that x would be the number of miles towed, this word problem gives us two linear equations:

One for Brook's Body Shop, which is y = 3x + 25

And one for Morgan Motors, which is y = 5x

We see that these two lines intersect at the point (12.5, 62.5). Remember that the x-value stands for the number of miles. So, at 12.5 miles, both companies charge the same rate.

This means that Morgan Motors is cheaper for any number of miles less than 12.5. In contrast, Brook's Body Shop is cheaper for any number of miles more than 12.5.

In conclusion, if you had to be towed less than 12.5 miles, you should go to Morgan Motors because they are cheaper for short distances. If you had to be towed more than 12.5 miles, you should go to Brook's Body Shop because they are cheaper for longer distances.

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3 years ago
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dmitriy555 [2]

Answer:

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Step-by-step explanation:

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4 years ago
5 red marbles, 6 white marbles, 5 blue marbles. Draw 2 marbles, 1 at a time, without replacement. Find P(red and blue)
galben [10]
10/16 are blue and red marbles, simplifying to 5/8
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3 years ago
Is it possible to solve a quadratic equation that is not factorable over the set of integers? Explain.
zvonat [6]

Answer:

Yes

Step-by-step explanation:

Yes it is possible to solve a quadratic equation that is not factorable over the set of integers.

The solution may vary like Integers, rationals, irrationals or complex solutions.

To find two roots of the equation we can always use the formula given below to solve a quadratic equation,

For the quadratic equation,

ax^2+bx+c=0, we have,

x= \frac{-b\pm \sqrt{b^2-4 ac}}{2a}

If the discriminant is greater than b^2, we get complex roots.

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